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21 May 2020
Oceaneering Wins Significant Asset Integrity Scope in the Middle East
Oceaneering International, Inc. (Oceaneering) has been awarded a considerable asset integrity contract from a major operator based in Dubai, UAE. The award includes the provision of general and advanced non-destructive testing (NDT) and fabric maintenance inspection services across the operator’s onshore and offshore facilities in the Middle East. The competitively…
21 May 2020
EnQuest : Operations Update
Strong production supports full year 2020 guidance with forecast free cash flow breakeven unchanged at c.$33/Boe Strong production performance Group production averaged 65,938 Boepd in the four months to end April 2020, above the top end of the Group’s full year 2020 production guidance, which remains unchanged at between 57,000…
21 May 2020
Empyrean Energy plc Block 29/11, China - Reservoir Quality Assessment - Seismic Inversion Project
Empyrean Energy ("Empyrean" or the "Company"), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to announce the results of its seismic inversion project, designed to assess the reservoir quality and reservoir rock composition at its Jade and Topaz prospects at Block…
20 May 2020
PETRONAS Completes 50% Farm-Down Transaction In Block 52, Offshore Suriname
PETRONAS through its subsidiary, PETRONAS Suriname Exploration & Production B.V. (PSEPBV), has completed the farm-down of 50 per cent of its participating interest to ExxonMobil Exploration and Production Suriname B.V. (ExxonMobil) from a 100 per cent participating interest in Block 52, offshore Suriname. Block 52 is located north of the…
20 May 2020
ASCO Secures 21 million NOK to develop the Norwegian Base in Hammerfest
Global supply chain company, ASCO has received 21 million NOK (£1.6m) from The Norwegian Coastal Administration as it plans to develop and digitise its base in Leirvika, part of its Hammerfest supply base. The grant builds on a development project to create efficient and environmentally friendly ports at the Risavika…
20 May 2020
Sleipnir Completes First Decommissioning Campaign
Earlier this month, Heerema Marine Contractors' Sleipnir completed its first decommissioning campaign of the season. It was a unique project, as Heerema's Champion installed the same modules for ConocoPhillips at the Greater Ekofisk Field in the 1970s. Now almost fifty years later, Sleipnir has returned to complete the journey. The…
20 May 2020
Agreement beteen Odfjell Drilling and Total South Africa
Please be informed that due to ongoing restrictions related to the coronavirus (COVID-19) pandemic, Odfjell Drilling and Total South Africa have agreed that the semi-submersible Deepsea Stavanger will remain idle in Norway for a period prior to the mobilisation of the rig. Odfjell Drilling will be compensated by Total during…
20 May 2020
BP enters into two global framework agreements with Worley
BP International Limited (BP) and Worley have entered into two global framework agreements; one for conceptual engineering and the other for early engineering and front‐end engineering design (FEED) services. Both agreements are for a term of two years to provide services to BP’s global offshore developments. Under the conceptual engineering…
20 May 2020
Jersey Oil and Gas plc ("Jersey Oil & Gas", "JOG" or the "Company") Completion of the acquisition of Equinor UK's interest in Licence P2170
Jersey Oil & Gas (AIM:JOG), an independent upstream oil and gas company focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to announce that it has completed the transaction to acquire operatorship of and a 70% working interest in Licence P2170 (Blocks 20/5b and 21/1d)…
20 May 2020
Emperor Energy Executes Agreement with APA Group for Pre-Front End Engineering Design of Gas Delivery Pipelines & Processing Plant for the Judith Gas Field
Emperor Energy and APA Group (ASX:APA) have entered into a Binding Agreement to progress with the Pre-Front End Engineering Design (Pre-FEED) for the provision of midstream infrastructure and services related to gas that will potentially be produced from the Judith Gas Field in the 100% Emperor Energy owned VIC/P47 Permit…
20 May 2020
McDermott Awarded Sizeable Offshore Engineering Contract in the Middle East
McDermott International, Inc. today announced it has been awarded a sizeable* contract from a Middle East customer to carry out front-end engineering and design (FEED) work for offshore riser platform topsides. The scope includes the design of two offshore riser platforms, as well as associated brownfield integration modifications to existing…
19 May 2020
Powered by change: Siemens Gamesa launches 14 MW offshore Direct Drive turbine with 222-meter rotor
SG 14-222 DD offshore wind turbine released with nameplate capacity of 14 MW; can reach 15 MW with Power Boost222-meter rotor diameter uses massive 108-meter long B108 bladesLifetime avoidance of approx. 1.4 million tons of CO2 emissions per machine compared to coal-fired power generation+25% Annual Energy Production increase vs. predecessor…
19 May 2020
The Renewables Infrastructure Group Limited : Completion of offshore wind farm acquisition and portfolio update
Completion of offshore wind farm acquisition and portfolio update Completion of investment in Merkur offshore wind farm in Germany TRIG has completed the acquisition of a c.36% equity interest in Merkur, the 396MW operational offshore wind farm in the German North Sea ("the Project"). This follows the exchange of contracts…
19 May 2020
PD&MS Group secures 5-year renewal with North Sea operator
PD&MS Group has announced it will continue to support a leading North Sea operator with engineering operations across its assets in the UK Continental Shelf (UKCS), after securing a new contract for a further 3 years, with options to extend by a further 2 years. The new scope follows on…
19 May 2020
PGS to Acquire Three New Surveys for Eastern Canada in 2020
PGS' new Blomidon, South Bank, and Torngat Extension GeoStreamer surveys are all supported by industry funding. Together they will cover approximately 10 000 sq. km offshore Labrador and Newfoundland. The three new PGS marine seismic surveys will be acquired by the Ramform Atlas and Ramform Titan between early June and…
19 May 2020
Update on Neptune Energy’s acquisition of Edison E&P’s UK and Norway assets from Energean Oil & Gas
Neptune Energy today announced that it has agreed to terminate the agreement to acquire Edison E&P’s UK and Norwegian subsidiaries from Energean Oil and Gas. Neptune will pay a $5 million termination fee to Energean. Neptune will continue to pursue its pipeline of global development projects and other growth opportunities.
19 May 2020
Qatar Petroluem enters agreement for two explorations blocks in Cote D'ivorie
Qatar Petroleum entered into a farm-in agreement with Total to acquire a 45% participating interest in blocks Cl-705 and CL-706, located in the Ivorain-Tano basin, offshore the Republic of Cote d'Ivoire. The two blocks cover an area of approximately 3,200 square kilometres, and present multi-target hydrocarbons prospects in water depth…
19 May 2020
Repsol – consent to use Maersk Inspirer at Yme
Petroleum Safety Authority Norway have given Repsol Norge (Repsol) consent to use the Maersk Inspirer mobile facility on the Yme field.The consent applies to connection, completion and start-up preparations in conjunction with previously installed fixed facilities on the Yme field.
19 May 2020
Seamar Group Awarded Contract By MMT For Deep Helder
The SeaMar Group (SeaMar) has been awarded a new 6 month contract from MMT for the offshore support vessel Deep Helder. The contract will commence in July 2020. Through this contract SeaMar remains fully committed to further develop its lasting cooperation with MMT in supplying a reliable vessel for their…
19 May 2020
ODE achieves duty holder milestone on Babbage installation
ODE Asset Management Ltd (ODE) is delighted to confirm that it has secured a contract from NEO Energy (NEO) for the Babbage Field in the Southern North Sea. This is a significant ODE milestone as the first installation and pipeline operator (duty holder) appointment in the UK Continental Shelf (UKCS).…
18 May 2020
Nexans completes repair of Malta-Sicily subsea interconnector MAY 14, 2020
The Nexans Inspection, Maintenance and Repair (IMR) team completed the repair of Enemalta’s subsea power Interconnector cable ahead of schedule on March 12 2020 The repair of the vital power connection between Malta and Italy’s power grid has a contract value of over 10 Million Euros Paris La Défense May…
18 May 2020
ONGC awards 49 marginal oil fields to seven firms
Oil and Natural Gas Corporation Limited (ONGC) placed Notice of Award (NoA) to seven successful bidders in 13 contract areas comprising of 49 marginal oil and gas fields. The bid process for seeking partners for enhancement of production from 64 marginal nomination fields was held recently. Interested companies participated in…
18 May 2020
GAZ-SYSTEM holds all construction permits for Baltic Pipe project
On 7 May 2020, Sweden’s government approved construction of Baltic Pipe gas pipeline in the Swedish Exclusive Economic Zone in the Baltic Sea. The permit for laying the gas pipeline issued by the Swedish Ministry of Enterprise and Innovation thus finishes the process of obtaining construction permits for all sections…
18 May 2020
Dry well near the Fram field in the North Sea – 35/10-6
Equinor Energy AS, operator of production licence 827 S, has concluded the drilling of wildcat well 35/10-6. The well was drilled about 20 kilometres northwest of the Fram field in the northern part of the North Sea, and about 145 kilometres northwest of Bergen. The objective of the well was…
18 May 2020
Wintershall Dea – consent for use of West Mira on Vega
Petroleum Safety Authority Norway have given Wintershall Dea consent to use the West Mira mobile drilling facility for production drilling on the Vega fieldThe consent applies to production drilling on the Vega field using the West Mira mobile drilling facility. The facility is operated by Seadrill and received an Acknowledgement of…
18 May 2020
Shearwater Awarded Fourth Forties Field 4D Survey by Apache
Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award by Apache of a 4D seismic survey with 3D extension over the Forties Field in the UK North Sea. “We are very pleased to see a Shearwater Qmarine 4D crew returning to the Forties Field for the fourth time,”…
18 May 2020
Lundin Energy AB : Updated 2020 production guidance to reflect the Norwegian Government production restrictions and increased long-term production guidance
Lundin Energy AB (Lundin Energy or the Company) announces that following the decision made by the Norwegian Government to implement production restriction measures on the Norwegian Continental shelf, the Company’s updated production guidance for the full year 2020, will be targeting 157 thousand barrels of oil equivalent per day (Mboepd).…
18 May 2020
Historic investment decision for transport and storage of CO2
Equinor, Shell and Total have decided to invest in the Northern Lights project in Norway's first exploitation licence for CO₂ storage on the Norwegian Continental Shelf. Plans for development and operation have been handed over to the Ministry of Petroleum and Energy. "The Northern Lights project could become the first…
15 May 2020
ScottishPower Acquires 165MW Major New Onshore Wind Project - Investing In The Green Recovery
ScottishPower announces plans to develop a major new wind power project in central Scotland. Plans add new wind power capacity of 165MW, enough to power 100,000 homes.* Project expected to create 600 jobs at its peak and 280 long-term jobs.** It follows parent company Iberdrola’s acquisition of French renewable energy…
15 May 2020
TDI-Brooks Completes Multibeam Phase For TGS Offshore Nigeria
TDI-Brooks International, Inc (under contract to TGS), has completed the offshore multibeam phase offshore the Niger Delta. This survey took place in water depths of 750 to 3,500 meters and is Nigeria’s first regional multi-client Multibeam and Seafloor Sampling (MB&SS) Study. TDI-Brooks’ R/V Gyre acquired 82,000 square kilometers of high-resolution…
15 May 2020
EDS HV Group Completes Testing and Termination Project For Hellenic Cables At North Sea Wind Farm During Covid-19
First phase completed at Mermaid, 54km off the coast of Belgium EDS HV Group secured the contract to complete the termination and testing of the Export Cables on behalf of Hellenic Cables for SeaMade Offshore Wind Farm, prior to the Coronavirus outbreak. Work was scheduled to begin on the Mermaid…
15 May 2020
Launching Of Somalia's First Offshore Licensing Round
The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia announces the launching of Somalia’s first offshore licensing round. Due to the spread of the global pandemic, COVID – 19, and resulting restrictions, the Ministry decided to launch the licensing round virtually. The 2020 Somali licensing round…
15 May 2020
Contract Award – Upstream Production Solutions Northern Endeavour FPSO
GR Engineering Services Limited (ASX: GNG) (GR Engineering) is pleased to announce that its wholly owned subsidiary, Upstream Production Solutions Pty Ltd (Upstream PS) has been awarded a Contract with the Department of Industry, Science, Energy and Resources of the Australian Government (the Department) to provide operations and maintenance to…
15 May 2020
Prosafe SE: Operational and financial update Q1 2020
Operational The fleet utilisation rate in the first quarter of 2020 was 32.7 per cent (Q1 2019: 62.5 per cent). Prosafe refers to the press release from the March 2020 regarding discussions with clients about current and upcoming contracts in light of COVID-19 and the oil price collapse. These discussions…
15 May 2020
SDLP - Seadrill Partners receives notice of termination for the West Polaris contract
Seadrill Partners LLC (OTCQB: SDLPF) ("Seadrill Partners" or the "Company") has received a notice of termination for the West Polaris contract. As a result, the contract is expected to conclude in early November 2020 and backlog is expected to decrease by approximately $23 million
15 May 2020
New guidelines help operators to make the most of existing North Sea assets
Companies aiming to get the best possible output from existing North Sea assets, while deferring major new offshore projects, can now boost their efforts with new guidelines published by OGUK today aimed at unlocking brownfield resource opportunities. The guidelines aim to help companies understand good practice in how to identify,…
15 May 2020
Incus investor becomes Scana
The investment company Incus Investor changes its name to Scana ASA and embarks on a new course as parent company for a group of strong equipment and service suppliers to the maritime industry. The head office will move from Stavanger to Bergen. Through its subsidiaries, Incus Investor has managed a…
14 May 2020
Hydrogen central to oil and gas industry decarbonization as expectations for market growth surge - DNV GL research
A new report reveals that hydrogen has surged up the priority list of many oil and gas organizations, taking a primary position in the sector’s decarbonization efforts. Half (52%) of senior oil and gas professionals expect hydrogen to be a significant part of the energy mix by 2030, according to…
14 May 2020
Manor Renewable Energy to power SeaMade Offshore Wind Farm
Manor Renewable Energy (MRE) has signed a contract with Siemens Gamesa Renewable Energy for the SeaMade Offshore Wind Farm, under which MRE will provide temporary power provision during the turbine commissioning phase. Located in the North Sea, around 50 km off the coast of Belgium, the project will comprise of…
14 May 2020
Russian Robotic Submarine Reaches Deepest Point on Earth
For the first time, a Russian autonomous unmanned underwater vehicle named Vityaz-D managed to descend to the bottom of the Mariana Trench, the deepest point on Earth, in the Pacific Ocean..More
14 May 2020
Kerogen Capital and Ideol Collaborate to Jointly Assess Offshore Wind Power to Oil & Gas Platform Opportunities
Kerogen Capital (“Kerogen”) is pleased to announce that it has entered into a Memorandum of Understanding with Ideol SA (“Ideol”), a global leader in the floating offshore wind industry to assess the benefits of using offshore wind to power oil & gas platforms. The focus of this initiative will be…
14 May 2020
KBR Awarded Feasibility Study for High CO2 Gas Field Development
KBR (NYSE: KBR) announced today that it has been awarded a Master Service Agreement (MSA) and Feasibility Study by JX Nippon Oil & Gas Exploration Corporation ("JX Nippon"), a leading integrated energy, resources and materials group in Japan. Building on KBR's strong and successful portfolio in this area, the study…
14 May 2020
Neptune Energy conducts world’s first for dual drilling subsea
Neptune Energy has conducted the world’s first dual drilling operation from an integrated subsea template structure at the Fenja field in the Norwegian North Sea. In conjunction with the start-up of the Fenja drilling campaign last month, Neptune teams maximised the full capabilities of Seadrill’s West Phoenix drilling rig to…
14 May 2020
New guidelines help operators to make the most of existing North Sea assets
Companies aiming to get the best possible output from existing North Sea assets, while deferring major new offshore projects, can now boost their efforts with new guidelines published by OGUK today aimed at unlocking brownfield resource opportunities. The guidelines aim to help companies understand good practice in how to identify,…
14 May 2020
Manora 2020 Development Drilling and Workover Program
Highlights: • Operator, Mubadala Petroleum, and Tap have approved the drilling of three development wells in the Manora 2020 development drilling campaign. AFEs approved by the Tap Board. • The Valaris 115 is expected to commence drilling operations at Manora on or around 16 May 2020. • The MNA-25, MNA-26…
13 May 2020
Petrobras on activities in Búzios and Albacora
– Petrobras confirmed oil of excellent quality in the Southeast area of the Búzios field and greater potential in the pre-salt of the Albacora field. POÇO 9-BUZ-39DA-RJS Located in the Southeast area of the Búzios field, in the Santos Basin pre-salt, 210 km from Rio de Janeiro, the well has…
13 May 2020
UK maintenance spending to reach lowest on record, Norway’s to hit 18-year low in 2020
Western Europe’s maintenance, modification and operations (MMO) market will likely take a major hit in 2020 a Rystad Energy impact analysis has revealed, thanks to severe spending cuts and Covid-19 transportation restrictions. Spending in Norway is expected to fall to $3.4 billion this year – an 18-year low – while…
13 May 2020
Base selected for world’s largest offshore wind farm
Equinor and SSE Renewables, the two companies behind the world’s biggest offshore wind farm Dogger Bank, have today announced plans to build a new Operations and Maintenance (O&M) Base at the Port of Tyne. Dogger Bank Wind Farm will be able to generate around 5% of the UK’s electricity needs…
13 May 2020
Dorado field development update
• Competitive FPSO pre-FEED design competition has commenced • Expressions of interest received for the wellhead platform reflect positive industry interest • The Field Development Plan and Offshore Project Plan are also progressing to schedule • Subject to market conditions, a final investment decision (“FID”) on the project is targeted…
13 May 2020
Petrofac secures BP maintenance and metering contracts
Petrofac is set to build on its provision of digitally enhanced services for BP, following the award of a three-year extension to its existing maintenance contract and a new four-year metering contract. The metering services contract includes on and offshore consulting and support services. Under the agreement, Petrofac will continue…